Thursday, February 12, 2009

NEW YORK (Reuters) - Coca-Cola Co ( KO.N ) reported a better-than-expected quarterly profit on Thursday despite a recession, helped by double-digit volume gains in China, India and Eastern Europe, sending shares up 2.4 percent. The world's top soft in BUSINESS NEWS >

NEW YORK, Feb 12 (Reuters) - U.S. stock index futures fell on Thursday as investors worried that government data due before the opening bell could show a further weakening in the labor market and another drop in consumer spending. Although Congress in BUSINESS NEWS >

Faced with a choice between spending upwards of $4 trillion to save wobbly banks or doing something else, President Obama has decided to do something else. His bank plan, rolled out Tuesday, almost seems designed to simply buy time in hopes the in BUSINESS NEWS >

One bright spot was gold and copper producer Sumitomo Metal Mining, which gained 5.3 percent after gold prices jumped to a 6-½ month high on Wednesday as risk aversion prompted investors to buy gold and bullion-backed exchange-traded funds as a in BUSINESS NEWS >

BT Group said third-quarter core earnings fell 9 percent due to problems at its Global Services unit, sending its shares to record lows as analysts questioned whether there was still worse to come. Britain's biggest fixed-line telecoms provider had in BUSINESS NEWS >

Brussels - Shares in troubled Dutch-Belgian bank Fortis plummetted Thursday after shareholders rejected a plan to break up and nationalize the bank, one of Europe's highest-profile victims of the global financial crisis. The share price quoted on the in BUSINESS NEWS >

Country music is about stoytelling. The better the story, and the more poignant (if predictable) the melody and chord progression, the better the country music. For a good while now, WYRK-FM — Buffalo’s country station — has been presenting in BUSINESS NEWS >

NEW YORK - Terex Corp.'s cut in its revenue guidance and warning that it may violate terms of a loan led an analyst Thursday to review his earnings estimates on the maker of construction trailers, mining excavators and cranes. Westport, Conn.-based in BUSINESS NEWS >